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cryptocurrency August 16, 2018

The new blockchain platform may help with the tracking of billions of financial documents. Advertisements China’s state-owned Aerospace Science and Industry Corporation Ltd. has created a blockchain-based platform to improve its electronic invoice system, according to an official announcement dated August 13. The announcement, which was also posted in China’s official state newspaper, People’s Daily, […]

cryptocurrency August 15, 2018

Today Venezuela announces Petro cryptocurrency, Ethereum growth not tied to price, and blockchain groups push back against proposal of Korean ministry. Advertisements Image courtesy of CoinDesk. Venezuela Announces Petro Currency On August 20, a second government currency will be introduced to Venezuela. Reported by ABC Internacional, President Nicolás Maduro made the announce during a television address […]

cryptocurrency August 15, 2018

The move could signal a desire not to be left behind as other Caribbean countries embrace blockchain tech. Advertisements The Jamaican Stock Exchange (JSE) has partnered with Toronto-based FinTech company Blockstation to allow digital asset trading, according to an August 14 press release. Blockstation’s electronic communication network and order management system is intended to allow […]

cryptocurrency August 14, 2018

Winklevoss Twins push forward despite ETF rejection, Square Cash BTC update, Alts tumble in light of BTC testing the $6,000 mark. Advertisements Winklevoss Twins push onward after SEC rejection The twins faced a tough reality when the SEC rejected their second proposed ETF in late July. This is not the sort of news that keeps […]

cryptocurrency August 14, 2018

AirSwap is rolling out some pro tools to attract institutional investors to its decentralized exchange (DEX) for ethereum tokens. Advertisements Revealed exclusively to CoinDesk, the company is this week launching an interface for so-called over-the-counter (OTC) block trading. While to date AirSwap users have been signaling their intent to buy or sell a certain amount […]

cryptocurrency August 14, 2018

Economist Tyler Cowen thinks that, thanks to digital minimalism, America is facing the death of private property and capitalism as we know it. But as Fred Ehrsam alludes to, the birth of cryptocurrency may suggest otherwise. Advertisements On Sunday, Tyler Cowen, a prominent economist and director of the Mercatus Center, a free market think tank […]

cryptocurrency August 14, 2018

Square’s mobile payment app is totally down with bitcoin. Here’s a brief timeline of how it got there. Advertisements According to a recent tweet from the team behind Cash App, the mobile payment app developed by financial services company Square Inc., users can now buy and sell bitcoin across the US, from Alabama to Wyoming […]

cryptocurrency August 14, 2018

A recent yellow paper by Vitalik Buterin simplifies and applies a 99 percent Byzantine fault tolerant algorithm for blockchains. ETHNews explains it in language you can understand (minus the math). Advertisements Last week, Vitalik Buterin published “A Guide to 99% Fault Tolerant Consensus,” wherein he lays out a simplified version of Leslie Lamport’s 1982 algorithm […]